Compliances relating to Transfer Pricing
*The price is exclusive of any amount payable to Government/Regulatory Authorities and GST.
Our expert will take care of all your transfer Pricing compliances
Services covered :
- Complying with transfer pricing rules and regulations
What is the meaning of transfer pricing?
Transfer pricing can be defined as the value of goods or services transferred between related parties. In other words, transfer pricing is the price that is paid for goods or services transferred from one unit of an organization to its other units situated in different countries (with exceptions)
What is the need of transfer pricing?
Related Parties may transact on different prices which are not arms length price. Because of this tax planning's are possible and government may have tax loss. Thus transfer pricing concept arises and the transaction will be taken on arms length price.
What is arm length price?
The price at which a willing buyer and a willing unrelated seller would freely agree to transact or a trade between related parties that is conducted as if they were unrelated, so that there is no conflict of interest in the transaction.
What are different methods to calculate the arm length price?
1. Comparable Uncontrolled Price Method;
2. Resale Price Method;
3. Cost Plus Method;
4. Profit Split Method;
5. Transaction Net Margin Method
Is there any form to be submitted for the transfer pricing transaction initiated?
Any person who has involved in an international transaction in the previous year shall submit the report in Form 3CEB through a Chartered Accountant, duly verified by him, on or before the date prescribed by the authority, furnishing all the required details.
Does transfer pricing apply to transactions between head office and branch?
No. head office and branch are same and transfer pricing provisions will not apply in internal transfer. But if branch declares it as a permanent establishment then transfer pricing provisions may applicable.
What is an Associated enterprise?
When one enterprise
1) can participate in the second enterprise; or
2) a third enterprise participates in both the first and second enterprise; directly, or indirectly, or through one or more intermediaries, and where such participation is through the capital, management or control, then such first and second enterprises are known as ‘Associated Enterprises’.
Extremely delightful for the services provided by you, thanks a lot in filling my return in short time.
Must take a moment to recognise and appreciate Yash who was managing my papers . He is a diligent and patient guy but on the same hand also persuasive . Appreciate these traits . Wish him all the best .
I used to previously file my ITR through a professional, but I never understood why am I paying interest in my ITR even though I had filed my returns before due date. So, I went to AJVA for Tax Consultation they explained to me why I am paying interest and guided me on the Advance Tax concept and now I give them the required estimation of income and pay advance tax. It has helped me save a lot of money and avoid interest.
I wished to file my ITR at minimal cost, so I was convinced to file it by myself. During filing I came across a lot of queries but ignored it as didn’t seem much important. However, I received a notice from IT department as I had filed a defective return. To resolve this, I contacted AJVA, they not only resolved the issue but also guided me on how to file and where I went wrong.
I run an MSME but I was unaware what is the importance of Udyam Registration Certificate and the process, after consulting AJVA I learned that it is an identity certificate which is mandatory for all MSME’s for recognition. Thankfully I registered as a MSME in time with the help of AJVA and appreciate the co-ordination from the AJVA team.
I had started a new business but I had a lot of queries on how to Incorporate a company, where to apply, what documents are required and lot of other questions. The procedure was complicated and a time taking activity, I was hesitant to hire a professional for the incorporation process. Thankfully I found AJVA and they handled the entire Incorporation process and helped me complete the same in a timely manner.
[contact-form-7 id="3051" title="Footer Enquiry Form"]